Capital Advisors Ltd. LLC Has $326,000 Position in Roper Technologies, Inc. (NYSE:ROP)

Capital Advisors Ltd. LLC lifted its stake in shares of Roper Technologies, Inc. (NYSE:ROP) by 5.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 597 shares of the industrial products company’s stock after acquiring an additional 33 shares during the period. Capital Advisors Ltd. LLC’s holdings in Roper Technologies were worth $326,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. increased its stake in Roper Technologies by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 9,782,155 shares of the industrial products company’s stock valued at $4,737,302,000 after purchasing an additional 100,621 shares in the last quarter. Principal Financial Group Inc. increased its stake in Roper Technologies by 1.7% during the 3rd quarter. Principal Financial Group Inc. now owns 2,528,982 shares of the industrial products company’s stock valued at $1,224,736,000 after purchasing an additional 42,962 shares in the last quarter. Northern Trust Corp increased its stake in Roper Technologies by 5.0% during the 3rd quarter. Northern Trust Corp now owns 1,137,241 shares of the industrial products company’s stock valued at $550,743,000 after purchasing an additional 54,396 shares in the last quarter. Invesco Ltd. increased its stake in Roper Technologies by 1.0% during the 3rd quarter. Invesco Ltd. now owns 1,033,556 shares of the industrial products company’s stock valued at $500,531,000 after purchasing an additional 9,846 shares in the last quarter. Finally, Mackenzie Financial Corp increased its stake in Roper Technologies by 45.6% during the 4th quarter. Mackenzie Financial Corp now owns 896,909 shares of the industrial products company’s stock valued at $488,968,000 after purchasing an additional 280,873 shares in the last quarter. Institutional investors own 93.31% of the company’s stock.

Insider Buying and Selling at Roper Technologies

In other news, Director Christopher Wright sold 200 shares of the business’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of $549.71, for a total transaction of $109,942.00. Following the sale, the director now owns 35,547 shares in the company, valued at approximately $19,540,541.37. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.94% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ROP. Wells Fargo & Company upped their target price on shares of Roper Technologies from $560.00 to $615.00 and gave the stock an “overweight” rating in a research note on Monday, January 22nd. TD Cowen lowered shares of Roper Technologies from an “outperform” rating to a “market perform” rating and set a $535.00 target price for the company. in a research note on Thursday, January 4th. Royal Bank of Canada increased their price target on shares of Roper Technologies from $620.00 to $622.00 and gave the company an “outperform” rating in a research report on Thursday, February 1st. Raymond James increased their price target on shares of Roper Technologies from $572.00 to $620.00 and gave the company a “strong-buy” rating in a research report on Friday, February 2nd. Finally, Barclays increased their price target on shares of Roper Technologies from $596.00 to $600.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Four equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $574.58.

Roper Technologies Price Performance

NYSE ROP traded up $3.38 on Thursday, reaching $541.39. 167,827 shares of the company’s stock traded hands, compared to its average volume of 496,147. Roper Technologies, Inc. has a 12 month low of $430.03 and a 12 month high of $565.00. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.50 and a quick ratio of 0.46. The stock has a 50-day simple moving average of $545.58 and a 200 day simple moving average of $533.12. The stock has a market cap of $57.94 billion, a PE ratio of 41.74, a P/E/G ratio of 2.84 and a beta of 0.99.

Roper Technologies (NYSE:ROP) last issued its earnings results on Wednesday, January 31st. The industrial products company reported $4.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.34 by $0.03. Roper Technologies had a net margin of 22.41% and a return on equity of 10.63%. The firm had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter last year, the business earned $3.92 earnings per share. The business’s revenue was up 12.7% on a year-over-year basis. As a group, research analysts predict that Roper Technologies, Inc. will post 18.08 earnings per share for the current year.

Roper Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 22nd. Shareholders of record on Friday, April 5th were given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date was Thursday, April 4th. Roper Technologies’s payout ratio is currently 23.27%.

Roper Technologies Company Profile

Roper Technologies, Inc designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations.